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are offshoring
adjective
Moving away from the shore.
synonyms
Exact(7)
(The vast majority of the fireworks, including the most prominent brands, are of course from China; one online seller even lists a product marked "America's Pride -- Made in China". Apparently we really are offshoring everything).
American corporations, for example, are "offshoring" whole stages of production to East Asia, particularly the Chinese coast, where they can find cheap, high-quality assembly lines and back offices.One cause behind this transfer of jobs is East Asian currency policy.
"If companies are offshoring because of fixable policy problems at home," says Mr Porter, "that is unforgivable".Can't get the staffIn a recent report on global manufacturing, McKinsey said that in the near future the world is likely to have too few high-skilled workers and not enough jobs for low-skilled workers.
The surprise: Some of India's offshoring giants are offshoring themselves, fueling the next round, and U.S. firms are joining in.
Even large Indian BPOs such as Firstsource Solutions are offshoring their outsourcing, leaving higher-margin operations such as accounting in India and opening up their own call centers in the Philippines.
In our first blog, we identified primary reasons for the disconnection which are: offshoring, workforce reduction, job restructuring, corporate welfare, corporate CEO compensation, and corporate inversions.
Similar(52)
Taking that argument further, if domestic apathy is the problem, perhaps the answer is offshoring.
Second, European firms had been offshoring less in the first place.
"Many low-skilled jobs are being offshored or automated.
A contract lawyer or radiologist is vulnerable to offshoring; a divorce lawyer or family doctor isn't.Yet not all the jobs that can be offshored will be.
The jobs cannot be offshored!
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